Financial Advisors with Dee

An important lesson us Pilots all learn in ground school is the value of having an experienced flying instructor. They guide, shape and mentor us as we learn to fly and eventually gain our wings. Well similarly, A financial advisor or financial planner is a professional who can help you learn to manage your finances like a pro. They can also help with estate planning and your overall financial strategy. They should work with you to comprehensively determine your personal financial situation, needs, challenges, behaviors and your future goals, as well as regularly check back in with you to make sure you are on track. Financial Advisors actually have to deal with some pretty impressive (and increasing) levels of regulation, and are bound in Australia by a legal obligation to act in your best interests. Having said that - they are not all the same. There are still some massive sharks in this industry, as well terrible financial products that you need to be aware of and that you probably want to avoid. So, do I have a Financial Advisor, do you need one to reach Financial Independence, and what are some of the common pitfalls when it comes to financial Advisors? I managed to track down an experienced, Not-for-profit financial advisor for a bit of a Q and A and got to ask pointed questions on the topic. Dee is a not-for-profit financial advisor with over a decade of industry experience. She has over 7 years of study behind her, having earned a degree in finance and multiple financial advisor qualifications including a Diploma, Advanced Diploma and Certification in Financial Planning - among many other industry specific, technical and regulatory qualifications. Dee deliberately made a pivot away from a higher workload and higher stress job, shifting into the not-for-profit sector to help design a more sustainable lifestyle. She mainly works with women and families to help get them on track to reach their financial goals - whether that is paying off debt, buying a family home, building wealth or literally just keeping their heads above water. Dee's partner also works in the not-for-profit field, and together they are raising a family and investing their way towards FIRE. Dee is no stranger to hard work. She initially earning $3 per hour in the families fish shop, and went on to be the first in her family to graduate university - even doing so debt free! She now balances the life changing work she does with ongoing professional development and being a Mum to two young children. So without further adue lets get into it and unpack everything you need to know about Financial Advisors...